8th Mar 2006 08:33
OILEX NL ANNOUNCEMENT To: AIMDate: 8 March 2006RE: SURAT BASIN OPERATIONS - WORKOVER AT ATP608P - ROOKWOOD WEST-1Oilex NL advises that initial pressure measurements following the perforationof the Boxvale Sandstone reservoir interval at Rookwood West-1 indicate thatthere is depletion from this zone and therefore the well is a candidate for"dump flooding". The injectivity of the Boxvale Sandstone was lower thananticipated, possibly due to damage while drilling. When the pressure datacollected at Rookwood West-1 has been analysed, consideration will be given toadditional operations to enhance the injectivity of the Boxvale Sandstone inthis well.The Ensign 44 workover rig has been released to undertake completion activitiesat the Donga-3 well site in ATP 805P.The Rookwood West 1 well is located in ATP 608P Surat Basin, Queensland.Interests in ATP 608P are as follows: ATP 608P RookwoodBlock Oilex NL(operator) 60.435% Victoria Petroleum NL 29.69% Private Interests 9.875% Yours sincerely,Bruce McCarthyManaging DirectorFor further information please contact:Ray BarnesTechnical DirectorPhone: (08) 9226 5577Email: [email protected] OILEX NL Level 3, 50 Kings Park Road West Perth Western Australia 6005 P.O. Box 588 West Perth Western Australia 6872 Telephone (61 8) 9226 5577 Facsimile (61 8) 9226 2108 email: [email protected] www.oilex.com.au ENDOILEX NLRelated Shares:
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